Relay Therapeutics (NASDAQ: RLAY) exec sells 1,490 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Relay Therapeutics, Inc. President of R&D Donald A. Bergstrom reported a small, tax-related share sale. On April 28, 2026, he sold 1,490 shares of common stock at $14.79 per share. A footnote explains the sale covered income tax withholding on 5,012 RSUs that vested on April 27, 2026 and that he had no discretion over the transaction, which followed company policies for RSU vesting. After this sale, he directly holds 418,557 shares, including 15,037 shares underlying RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,490 shares ($22,037)
Net Sell
1 txn
Insider
Bergstrom Donald A
Role
President, R&D
Sold
1,490 shs ($22K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,490 | $14.79 | $22K |
Holdings After Transaction:
Common Stock — 418,557 shares (Direct, null)
Footnotes (1)
- Sale of shares to cover the reporting person's income tax withholding obligations upon the vesting of 5,012 shares of restricted stock units ("RSUs") on April 27, 2026. The reporting person had no discretion with respect to such sale, which was transacted in accordance with the Issuer's policies regarding the vesting of RSUs. Includes 15,037 shares underlying RSUs.
Key Figures
Shares sold: 1,490 shares
Sale price: $14.79 per share
Shares after transaction: 418,557 shares
+2 more
5 metrics
Shares sold
1,490 shares
Common stock sold on April 28, 2026
Sale price
$14.79 per share
Price for 1,490 shares sold
Shares after transaction
418,557 shares
Direct holdings following the sale
RSUs vested
5,012 RSUs
RSUs vesting on April 27, 2026
RSUs outstanding
15,037 shares
Shares underlying RSUs included in holdings
Key Terms
restricted stock units ("RSUs"), income tax withholding obligations, open-market sale, President, R&D, +1 more
5 terms
restricted stock units ("RSUs") financial
"Sale of shares to cover the reporting person's income tax withholding obligations upon the vesting of 5,012 shares of restricted stock units ("RSUs")"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
income tax withholding obligations financial
"Sale of shares to cover the reporting person's income tax withholding obligations upon the vesting of 5,012 shares of restricted stock units"
open-market sale financial
"transaction_action: open-market sale; transaction_code_description: Sale in open market or private transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
President, R&D financial
"Bergstrom Donald A serves as President, R&D of Relay Therapeutics, Inc."
FAQ
What insider transaction did Relay Therapeutics (RLAY) report for Donald A. Bergstrom?
Relay Therapeutics reported that Donald A. Bergstrom sold 1,490 common shares. The sale occurred on April 28, 2026 at $14.79 per share and was tied to covering income tax withholding obligations from recently vested restricted stock units.
Was the Relay Therapeutics (RLAY) insider sale a discretionary open-market trade?
No, the sale was not discretionary. A footnote states the 1,490-share sale was executed solely to cover income tax withholding on 5,012 vested RSUs, and Bergstrom had no discretion, as the transaction followed company policies for RSU vesting and related tax handling.
What RSU activity at Relay Therapeutics (RLAY) triggered the insider tax sale?
The sale was triggered by the vesting of 5,012 restricted stock units on April 27, 2026. To satisfy income tax withholding obligations arising from this vesting, 1,490 shares were sold automatically in accordance with Relay Therapeutics’ policies governing RSU vesting and tax remittance.
What role does Donald A. Bergstrom hold at Relay Therapeutics (RLAY)?
Donald A. Bergstrom serves as President, R&D at Relay Therapeutics. His Form 4 filing reflects equity compensation activity and associated tax withholding, including a small, non-discretionary share sale linked to the vesting of restricted stock units granted as part of his compensation.